by Deepak Sawant 
Mumbai Real Estate market is defying slowdown predictions. While many reports hint at a potential slump in property sales, Mumbai—the country’s priciest real estate hub—is telling a different story. The latest official property registration data shows the city broke multiple records in 2025, proving that demand for homes remains robust.
In 2025, Mumbai saw a total of 15,054 property registrations, averaging over 400 registrations per day. Interestingly, more than 80% of these were residential properties, highlighting strong demand for homes and apartments. It’s not just the volume of sales that’s remarkable—government revenue from stamp duty also reached record highs. Maharashtra collected ₹13,487 crore in 2025 from stamp duty alone, marking an 11% increase from the previous year and the highest in 14 years. This indicates not only more transactions but also rising property values.
Looking at December 2025 specifically, the momentum continued. That month alone recorded 14,447 property registrations, 16% higher than December 2024. Stamp duty collection for the month rose to ₹1,263 crore, up 22% compared to November. December was the second-strongest month of the year in terms of registrations, just behind March 2025, which saw over 15,000 registrations.
When we examine property prices, some interesting trends emerge. About 51% of homes sold fell in the ₹1 crore to ₹5 crore range—a segment that is expensive even by other city standards but still in high demand in Mumbai. Homes priced under ₹1 crore accounted for 42% of sales, slightly down from 44% the previous year, indicating that the era of ultra-low-priced homes is fading.
Size-wise, properties up to 1,000 sq. ft. dominated sales, making up around 82% of all registrations. Among these, 500–1,000 sq. ft. homes were the most popular, representing 46% of total sales. Larger homes, 1,000–2,000 sq. ft., accounted for just 15%, while ultra-luxury homes over 2,000 sq. ft. remained accessible only to the wealthy elite.
Location-wise, suburbs continue to attract the majority of buyers. In December 2025, Western and Central suburbs accounted for 86% of property registrations. Western suburbs—from Bandra to Borivali—made up 57%, while Central suburbs—from Sion to Mulund—contributed 29%. In contrast, South and Central Mumbai are seeing slower growth, remaining in single-digit shares of total registrations.
So, what does this all mean? Despite predictions of a slowdown, Mumbai’s real estate market shows strong, sustained demand. High-priced homes continue to sell, property values are rising, and government revenue is reaching new heights. As we step into 2026, the momentum seems set to continue.
For anyone interested in Mumbai real estate or the property market in general, these numbers indicate a thriving market with room for growth. How do you see Mumbai’s market shaping up in 2026? Will it continue to break records, and what impact might it have on other cities? Share your thoughts!
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